£263,609
This estimated value is based upon the latest sale price for the house of £217,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £217,000 | 24 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in January 2020 the House Price Index for MEDWAY was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £217,000 results in an estimated price of approximately £263,609.
| 24 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £217,000 | £46,609 | £263,609 |
The Postcode Pricing Model uses changes in average sales price within the ME5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 48.894 % | £106,100 | £323,100 |
| 3 Month Average | 3.283 % | £7,123 | £224,123 |
| 6 Month Average | 22.342 % | £48,481 | £265,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £295,395 | £293,000 | 57 YARROW ROAD |
| 27 Jan 2023 | £362,813 | £366,000 | 21 WINCHESTER AVENUE |
| 22 Jul 2022 | £279,622 | £280,000 | 23 GENTIAN CLOSE |
| 21 Mar 2022 | £464,435 | £450,000 | 103 CHESTNUT AVENUE |
| 21 Mar 2022 | £454,114 | £440,000 | 52 CHESTNUT AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 14 Jun 2019. Using an estimated price of £263,609 means this house is valued at £3,065 per sq meter (£284 per sq foot).
The average size of a house on YARROW ROAD is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Repton Way | |
| Mar 2024 | Anti-social behaviour | On or near Repton Way |